Guyana’s Foreign Secretary, Robert Persaud, said the involvement of major US energy companies in Guyana contributes significantly to the South American nation’s energy security and that of the wider Caribbean. Persaud made the observation in a recent social media post.
He pointed to the US Export-Import Bank’s approval of a US$526 million loan to fund the Gas-to-Energy project as “instrumental”. The project will see the construction of a 300-megawatt gas plant, which is expected to ‘transform the lives of Guyanese’ through reduced electricity costs.
Beyond energy, the US-Guyana strategic partnership covers security, defence, and economic development. The Foreign Secretary described the relationship as “not only functional but special”.
He said it is based on “shared goals and mutual interests,” as well as “common values associated with the rule of law, democratic principles, and respect for territorial integrity and sovereignty”.
The two countries have a longstanding defence partnership marked by military-to-military collaboration. This includes the acquisition of military equipment, infrastructure upgrades, and the continuous training of Guyana Defence Force (GDF) officers.
“The collaboration spans a wide range of topics, including disaster relief and capacity building,” Persaud noted.
He said the US is also helping to counter transnational organized crime and drug trafficking.
Support includes the creation of Digital Labs across Guyana, continuous training of drug enforcement officers by the DEA and ILEA, and forensics reform through the Regional Security System.
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In food security, the US “continues to be a reliable partner”, he added.
Persaud also praised the US as “a reliable defender and a consistent supporter of Guyana’s sovereignty and territorial integrity.” This position, he noted, was reaffirmed by US Secretary of State Marco Rubio during his March 2025 visit to Guyana.
ExxonMobil, with a 45% operational stake in Guyana’s Stabroek Block, is pursuing projects like Uaru, Whiptail, and the proposed Hammerhead development. Three are already in operation. Following this, ExxonMobil will turn its attention to Longtail.
Since starting production in 2019, ExxonMobil has ramped up output from the Liza 1, Liza 2, and Payara developments to over 650,000 barrels per day (b/d). The Yellowtail project, expected online this year, will increase production, making Guyana the world’s leading per capita oil producer.
ExxonMobil’s operations in the Stabroek Block are shared with partners Hess (30%) and CNOOC (25%).
